The subject of the contract is the provision and service of a long-term loan in the amount of PLN 9,500.000,00 (in words: nine million five hundred thousand 00/100).
The subject of the contract is the granting and servicing of a long-term loan in the amount of PLN 9,500.000,00 (golden words: nine million five hundred thousand 00/100) intended to finance the deficit and the repayment of previously incurred loans, with the possibility of not using the full value credit without additional commissions and fees. Repayment of the loan will occur between 2027 and 2032 from the District's own income, with the possibility of extending the years of loan repayment and changes in the amount of annual capital installments during the repayment period. Planned quarterly capital installments for individual years will be:
• in 2027 - 4 installments of 275,000.00 zł
• in 2028 - 4 installments of 400 000.00 zł
• in 2029 - 4 installments of 400 000.00 zł
• in 2030 - 4 installments of 400 000.00 zł
• in 2031 - 4 installments of 400 000.00 zł
• in 2032 - 4 installments of 500 000.00 zł
2. The credit will be used until 31 December 2021. At the request of the Contracting Authority, the payment of the loan may occur in tranches. The payment of the loan will occur within... days (criterion) from the date of the disposition of the payment (tranche). The Contracting Authority may not use the full value of the loan without incurring additional commissions and fees.
3. Karence in repayment:
(a) capital: until March 31, 2027.
(b) loan interest due for 2021: until March 31, 2022
Interest on the 2021 loan will be repaid on 31 March 2022 with current interest for the month of March 2022.
4. Interest repayment will occur between 2022 and 2032 on monthly terms in amounts resulting from actual debt.
5. There will be no capitalization of interest on the loan provided.
6. The day of repayment of the loan installment and interest shall be considered the date of recognition of the Contractor's account (Bank).
7. Interest rates outstanding at the date of the loan installments will be charged at the amount specified for statutory interest.
8. If the Ordering Party does not use the full amount of the loan, the amount of interest and possible commission will be due to the value of the credit used.
9. Preparatory commission shall be paid each time on the size of the tranche of the running credit. The preparatory commission will not exceed 0.15% of the loan amount.
10. The amount of credit used is interest-bearing on an annual basis, at a variable rate. The interest rate shall be equal to the amount of the base rate, plus the margin of the contractor in accordance with the submitted offer. The base rate is variable in the contractual lending period. The base rate is the credit rate of NBP bills starting from the 1st day of the following month. The contractor's margin is fixed during the contractual lending period.
11. The security for the repayment of the loan will be: a promissory note in blanco together with a statement of note with a countersign of the county treasurer. The contractor's authority to dispose of the Contracting Authority's current account shall not be authorised.
12. The Contractor shall pay the Ordering Party statutory interest for each day of delay in the event of failure to meet the deadline for the application of the credit.